MOD Pizza, the fast-casual chain where diners can customize individual pizza pies, announced a new owner in a move that could prevent or delay a bankruptcy filing. https://cnn.it/3XS1rFo
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It’s no surprise to see another fast casual restaurant heading towards potential bankruptcy. This is just the tip of the iceberg, if you ask me, for the fast casual and fast food space. The margins have always been pretty thin, and the way the “leaders” of the restaurant industry have dealt with it is just continue to do price increases. Eventually, and I think we are approaching that eventually spot, customers will refuse to pay these outrageous prices. Make no mistake about it though, the restaurant industry is heavily overpopulated, but more importantly the greed and incompetency at the C-suite level is what is leading to the collapse of the fast causal and fast food space.
MOD Pizza, the fast-casual chain where diners can customize individual pizza pies, announced a new owner in a move that could prevent or delay a bankruptcy filing. https://cnn.it/3XS1rFo
MOD Pizza announces new owner in attempt to stave off bankruptcy | CNN Business
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MOD Pizza, once a rapidly expanding force in the fast-casual dining sector, is now contemplating bankruptcy, marking a significant turn of events in the industry. Unlike struggling competitors like Red Lobster, which faced difficulties due to strategic decisions, MOD had recovered well post-pandemic and seemed poised for growth, having amassed substantial investment and planned for an IPO. However, despite its initial success and extensive funding, MOD's expansion did not translate into sustained profitability. The chain's growth outpaced its ability to increase average unit volumes, a critical financial metric. Moreover, the fast-casual pizza market became oversaturated, intensifying competition and thinning profit margins. Private-equity involvement, while initially supportive of growth, also contributed to MOD's challenges. Investors often prioritize rapid expansion to show returns, leading to potentially risky decisions such as costly leases. These financial commitments, combined with inflation and rising operating costs, strained MOD's finances further, dashing hopes of an IPO and driving the brand towards bankruptcy. The potential bankruptcy of MOD Pizza underscores broader concerns within the industry, making investors wary and complicating future deals. As the situation unfolds, the exact reasons behind MOD's financial troubles will become clearer with the expected bankruptcy filing.
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Area Representative at Marco's Pizza (Marco's Franchising, LLC) | Currently Seeking Passionate Entrepreneurs in Jacksonville & Palm Beach County, FL
It's that time again. Tomorrow, 9/28/23 is our Full Moon deal. The Florida area Marco's Pizza stores will offer all of our pizzas for 50% off. There is no limit to how many pizzas and it's available all day & night. This offer is only available once a month during a Full Moon. Use online code FM50 or pick the offer out of our online Hot Deals. Of course you can also pick up the phone & call & just mention this offer. What about restrictions you ask? Well here they are: 1) Not available for delivery or thru Third Party Delivery services. 2) Can't be combined with other offers or Loyalty Cash. 3) Max 3-Toppings on Build-Your-Own Pizzas. 4) Not all stores may be participating. If you don't see the online offer or the code doesn't work, please call the store to check. That's it! Order as many as you want as many times tomorrow as you want! If you haven't tried Marco's Pizza before, this is the time to do it!
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Area Representative at Marco's Pizza (Marco's Franchising, LLC) | Currently Seeking Passionate Entrepreneurs in Jacksonville & Palm Beach County, FL
It's that time again. Tomorrow, Thursday 5/23/24, is our Full Moon deal. The Florida area Marco's Pizza stores will offer all of our pizzas for 50% off. There is no limit to how many pizzas and it's available all day & night. This offer is only available once a month during a Full Moon (if the Full Moon is on a Fri-Sun, the deal is moved to another day). Use online code FM50 or pick the offer out of our online Hot Deals. Of course you can also pick up the phone & call & just mention this offer. What about restrictions you ask? Well here they are: 1) Not available for delivery or thru third party delivery services. 2) Can't be combined with other offers or loyalty cash. 3) Max 3-toppings on build-your-own pizzas. 4) Not all stores may be participating. If you don't see the online offer or the code doesn't work, please call the store to check. That's it! Order as many as you want as many times as you want! If you haven't tried Marco's Pizza before, this is the time to do it!
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Area Representative at Marco's Pizza (Marco's Franchising, LLC) | Currently Seeking Passionate Entrepreneurs in Jacksonville & Palm Beach County, FL
It's that time again. Today, Monday 2/26, is our 2nd Full Moon deal of 2024. The Florida area Marco's Pizza stores will offer all of our pizzas for 50% off. There is no limit to how many pizzas and it's available all day & night. This offer is only available once a month during a Full Moon (if the Full Moon is on a Fri-Sun, the deal is moved to another day). Use online code FM50 or pick the offer out of our online Hot Deals. Of course you can also pick up the phone & call & just mention this offer. What about restrictions you ask? Well here they are: 1) Not available for delivery or thru Third Party Delivery services. 2) Can't be combined with other offers or Loyalty Cash. 3) Max 3-Toppings on Build-Your-Own Pizzas. 4) Not all stores may be participating. If you don't see the online offer or the code doesn't work, please call the store to check. That's it! Order as many as you want as many times as you want! If you haven't tried Marco's Pizza before, this is the time to do it!
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Area Representative at Marco's Pizza (Marco's Franchising, LLC) | Currently Seeking Passionate Entrepreneurs in Jacksonville & Palm Beach County, FL
It's that time again. Tomorrow,1/25/24 is our 1st Full Moon deal of 2024. The Florida area Marco's Pizza stores will offer all of our pizzas for 50% off. There is no limit to how many pizzas and it's available all day & night. This offer is only available once a month during a Full Moon (if the Full Moon is on a Fri-Sun, the deal is moved to another day). Use online code FM50 or pick the offer out of our online Hot Deals. Of course you can also pick up the phone & call & just mention this offer. What about restrictions you ask? Well here they are: 1) Not available for delivery or thru Third Party Delivery services. 2) Can't be combined with other offers or Loyalty Cash. 3) Max 3-Toppings on Build-Your-Own Pizzas. 4) Not all stores may be participating. If you don't see the online offer or the code doesn't work, please call the store to check. That's it! Order as many as you want as many times as you want! If you haven't tried Marco's Pizza before, this is the time to do it!
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Area Representative at Marco's Pizza (Marco's Franchising, LLC) | Currently Seeking Passionate Entrepreneurs in Jacksonville & Palm Beach County, FL
It's that time again. Tomorrow, 11/27/23 is our Full Moon deal. The Florida area Marco's Pizza stores will offer all of our pizzas for 50% off. There is no limit to how many pizzas and it's available all day & night. This offer is only available once a month during a Full Moon (if the Full Moon is on a Fri-Sun, the deal is moved to another day). Use online code FM50 or pick the offer out of our online Hot Deals. Of course you can also pick up the phone & call & just mention this offer. What about restrictions you ask? Well here they are: 1) Not available for delivery or thru Third Party Delivery services. 2) Can't be combined with other offers or Loyalty Cash. 3) Max 3-Toppings on Build-Your-Own Pizzas. 4) Not all stores may be participating. If you don't see the online offer or the code doesn't work, please call the store to check. That's it! Order as many as you want as many times today as you want! If you haven't tried Marco's Pizza before, this is the time to do it!
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Will Pizza Hut’s new burger sell better than McDonald’s pizza did? - https://lnkd.in/e6aGtCZp A look at the challenges restaurants can face when stepping outside their comfort zones. Read More: Will Pizza Hut’s new burger sell better than McDonald’s pizza did?
Will Pizza Hut’s new burger sell better than McDonald’s pizza did?
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Area Representative at Marco's Pizza (Marco's Franchising, LLC) | Currently Seeking Passionate Entrepreneurs in Jacksonville & Palm Beach County, FL
It's that time again. Tomorrow, Thursday 6/20/24, is our Full Moon deal. The Florida area Marco's Pizza stores will offer all of our pizzas for 50% off. There is no limit to how many pizzas and it's available all day & night. This offer is only available once a month during a Full Moon (if the Full Moon is on a Fri-Sun, the deal is moved to another day). Use online code FM50 or pick the offer out of our online Hot Deals. Of course you can also pick up the phone & call & just mention this offer. What about restrictions you ask? Well here they are: 1) Not available for delivery or thru third party delivery services. 2) Can't be combined with other offers or loyalty cash. 3) Max 3-toppings on build-your-own pizzas. 4) Not all stores may be participating. If you don't see the online offer or the code doesn't work, please call the store to check. That's it! Order as many as you want as many times as you want! If you haven't tried Marco's Pizza before, this is the time to do it!
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What is your favorite fast food burger restaurant? I ask because three major burger companies, McDonald’s, Burger King, and Wendy’s are competing once again for market share. McDonald’s with the largest number of restaurants in the US at 13,530 saw sales increase just 3.4% per store over the past year, but their stock was up close to 10%. Burger King, which is owned by Restaurant Brands International (They also own Tim Hortons, Popeyes and Firehouse subs) has seen sales at Burger King restaurants climb by 7.4% which has helped drive their stock up close to 12%. A side-note, McDonald’s has most restaurants in the state of California, while you’ll find more Burger King restaurants in the state of Texas. Bringing up the rear in the fast food burger wars is Wendy’s. They just never seem to be able to get out of their own way. It has been taken over by an activist investor named Nelson Peltz and the stock is down around 20% over the past year. Nationwide, it does have more restaurants than Burger King checking in at 7166. I’m not a big fast food guy, but I’m thinking about going to Wendy’s for a burger and a shake. I just remember them being pretty darn good. #fastfood #fastfoodrestaurant #burger #mcdonalds #burgerking #wendys #marketshare #stocks #stockmarket #investing #investments #economy #investor
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